IRS
Get the latest news and insights on the Internal Revenue Services' tax laws, enforcement actions and related activities.
Debate: Should the Government Force Mega-RMDs on Massive Retirement Accounts?
By Robert Bloink | William H. ByrnesA proposal in Biden's budget targets those who have saved at least $10 million in tax-preferred funds.
April 09, 2024
What's the Future of IRS Direct File? GAO Wants to Know.IRS officials have not decided on the future of the pilot beyond the 2024 tax filing season.
April 02, 2024
Ex-Advisor Sentenced to 4 Years in Prison for $4.7M EmbezzlementChristopher Turean used client funds to gamble and for a home equity loan, the Department of Justice said.
April 01, 2024
For High Earners, Roth Catch-Up Contributions Are TrickyUnder Secure Act 2.0, those making more than the threshold will soon have to direct such contributions to Roth accounts.
March 28, 2024
Debate: With Direct File, Is the IRS Inviting Conflict of Interest?The pilot program offers eligible taxpayers in 12 states a cost-free way to submit their federal returns.
March 14, 2024
12 Biggest U.S. Life, Health and Retirement Tax Breaks: 2024This is where lawmakers look when they're hungry for revenue.
March 13, 2024
Credit Suisse Client in Tax Dodge Case Gets $15M BailDan Rotta, 77, was arrested Saturday in Miami and must remain under house arrest with electronic monitoring, a federal judge ruled.
March 12, 2024
IRS Launches Direct FileThe Treasury Department estimates that one-third of federal tax returns could be prepared using the pilot program.